Bourses in Euroland revert losses, EUR plummets

FXstreet.com (Edinburgh) -The main indices in the Old Continent are reverting recent pullbacks, as the situation in Syria is giving markets a bit of a respite, although it still has the potential to drive the market sentiment in the very short term. The FTSE100 is leading the winners, up 0.67%, after telecom giant Vodafone Group PLC (VOD) is advancing more than 9%. The DAX and the CAC40 are following suit, advancing 0.45% and 0.41%, respectively. The single currency is mired into the red territory, testing 2-week lows in the vicinity of 1.3250.

Asian stock markets closed mostly with gains following the better mood from Wall St. on Wednesday. The higher oil prices echoed in a better performance from the energy sector companies, helping to prop up the upside. The Japanese benchmark rose 0.91%, followed by the Hang Seng, 0.84% and Singapore, 1.05%. The Chinese Shanghai dropped 0.19%.